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Sep 14, 2010 7:00pm PDT
, september 15th. 11:00 a.m. in tokyo. i'm catherine kobayashi. >>> the yen continues to rise. the japanese government has finally stepped in. we have the details. >> thanks, catherine. good morning. >>> on the new york foreign exchange the japanese currency soared to the 82 yen level against the u.s. dollar on tuesday, following prime minister kan's victory in the democratic party presidential race. earlier on the tokyo foreign exchange, the dollar hit the 82-yen level for the first time in about 15 years. the move follows japan prime minister kan's reelection as head of the dpj on tuesday. he defeated ichiro 0 za with a. sources say that investors are also selling the dollar against other currencies on speculation the u.s. may take other easing measures. currently the dollar is changing hands at 84.09-10. earlier on the tokyo foreign exchange, the dollar hit the 82-yen level for the first time about 15 years and we had this story earlier. as the dollar weakens, gold prices in new york hit a new record high this comes as investors seek the safety of a precious metal. overnight on
Sep 1, 2010 7:00pm PDT
>>> hello there. this is "newsline." welcome. it's thursday september 2nd, 11:00 a.m. in tokyo. i'm catherine kobayashi. we're going to start with business news. the markets are rising following wall street's gains. ines matsuyama joins us with the details. >> that's right, catherine. good morning. wall street's rally spurred a rebound in tokyo stocks on thursday morning. investors helped push the nikkei average above the 9,000-yen level. the index ended the morning session at 9,035 points, up 1.2%, or 108 ticks from wednesday's close. sources say the stronger than expected data on u.s. manufacturers' business sentiment drove new york stocks up. that surge prompted investors in tokyo to go on a buying spree. >>> checking currencies, the dollar's hovering around a narrow range against the yen on thursday morning. it's currently at 84.33-35. while the euro's at 107.92-97. before the dollar started its slide, it gained against the yen, thanks to better than forecast u.s. manufacturing data. here's a look at the latest long-term interest rates. this is the yield on the benchmark ten-yea
Sep 13, 2010 7:00pm PDT
, september 14th. 11:00 a.m. in tokyo. i'm catherine kobayashi. >>> lawmakers of the ruling democratic party of japan will vote for a new party president on tuesday. the race is a close contest between former party secretary-general icihro o zau ozawa and naoto kan. >>> they started their campaigns on september 1st. it has been a tough competition. during the campaign, ozawa stressed he has the leadership to implement the needed policies. >> translator: i'll work hard until the last moment. >> reporter: kan said the party had to do away with old-style money politics and become more transparent. >> translator: i'll do my best to convey my ideas at the party convention. >> reporter: all of the ballots will be added up based on a points system. each of the lawmakers has two points, making for a total of 822. 100 points are set asided for local assembly members. rank and file members and supporters account for 300 points. the ballots of local assembly members and supporters have already been received and were being counted on tuesday morning. kan is thought to have more support from local
Sep 27, 2010 7:00pm PDT
>>> hello there. welcome to "newsline." it's tuesday, september 28th, 11:00 a.m. in tokyo. >>> north korean leader kim jong-il has named his third son, kim jong-un a four-star general in the military. north korea's state-run television made the special announcement on tuesday, the opening day of the workers party conference. it marks the first time that the son's name has ever been mentioned in public. kim jong-un is also expected to be given a high-ranking party post to succeed his father. the announcement said the leader's younger sister, kim yong he, has also been promoted to a four-star general. it's thought she will serve as care taker until power is transferred to kim jong-un. now little is known about kim jong-un, even basic facts about jong-un, who is likely to succeed his father as leader, have been long been shrouded in mystery. >> such things as the year of kim jong-un's birth cannot be acertained with certainty. it is widely thought that the heir apparent was born in 1983, but some experts suggest 1984 is the more likely year. in the late 1990s, kim jong-un stu
Sep 8, 2010 7:00pm PDT
:00 a.m. here in tokyo. first take a look at the latest in business news with ines matsuyama. >> thanks, catherine, hello. the u.s. economy is losing steam, according to the federal reserve. citing widespread signs of a slow-down. the central bank released its latest survey of business activity on wednesday. the so-called beige book says the overall economy grew at a modest pace. but five out of the 12 federal reserve districts showed mixed conditions, or slowing. among them are new york on the east coast, chicago in the midwest, and atlanta in the south. it also said housing and commercial real estate markets were sluggish and manufacturing grew at a slower pace. the latest survey is a downgrade from the previous report in july. that report also said the pace of economic activity had slowed in some districts. >>> barack obama has announced an additional $180 billion in economic stimulus measures, including massive tax breaks in corporate investment. the announcement comes ahead of u.s. congressional elections in november. >> the truth is, progress has been painfully slow. mi
Sep 21, 2010 7:00pm PDT
>>> welcome to "newsline." it's wednesday september 22nd, 11:00 a.m. in tokyo. glad you could join us. >>> a chief prosecutor was arrested on tuesday on suspicion of data tampering during an investigation. sources close to the public prosecutor's office say that a colleague suspected the data tampering had occurred around february and argued with the chief prosecutor over the matter. the supreme prosecutor's office arrested tsunehiko maeda of the osaka district office on suspicion of tampering with data while investigating a ministry official suspected of fraud. the supreme prosecutor's office carried out a search of maeda's residence for more than two hours on tuesday evening. the sources say maeda's colleague pointed out that the data may have been intentionally falsified. the sources say the quarrel was reported to higher-ranking officials of the district prosecutor's office. the supreme prosecutor's office will question the officials and colleagues who worked with maeda at the osaka prosecutor's office at that time. it's also trying to find maeda's motive for tampering with the
Aug 31, 2010 7:00pm PDT
>>> hello there. welcome to "newsline." it's wednesday september 1st, 11:00 a.m. in tokyo. i'm catherine kobayashi. the ruling democratic party of japan has announced the start of official campaigning for its presidential election on september 14th. the former secretary-general, ichiro ozawa, and prime minister naoto kan, the current dpj president, are running as candidates. nhk world reporter minako misawa is at the party's headquarters. minako? >> reporter: yes. deputies filed candidacy applications for ozawa and kan on wednesday morning. each candidate had endorsements from more than 20 fellow lawmakers. ozawa and kan will hold a joint news conference later in the day. the democratic party's victory last year ended more than 50 years of virtually unbroken rule by the liberal democratic party. but the dpj suffered a major setback in the upper house election in july. the upcoming leadership vote will be the first poll since that election. both candidates are party leaders who have long worked to put the dpj into power. in this presidential election votes will be counted accord
Sep 22, 2010 7:00pm PDT
loved on he. minoruani d i minister. he met families of the abductees on wednesday in tokyo. he told them he's closely examining the information that's been collected and he will do his best tol troblem. he said he wants to see the return of the abductees to japan as soon as possible. north korea officially acowdg in 2002 that its agents kidnapped japanese nationals in the past. the abductees disappeedn e 1970s and '80s. five of them have been returned but no further progress has been made to secure the release of the others. >>> japanese art lovers are calling 2010 the year of impressionists. masterpieces are on show at gaeries across japan. this exhibition featuring the master of pastels has opened near tokyo. many scholars have pointed out the influences of japanese cuurinisor. but very few know about a japanese merchant who actually met him and inspired him with his country's art. nhk world brings you a story of an artistic friendship long buedn sty. >> reporter: one of the most famous works in art history. flash floods when it was painted 130 years o, everything about it was new
Sep 7, 2010 7:00pm PDT
. in tokyo. the latest u.s. media poll shows that the public approval rate for u.s. president barack obama has fallen below 50% for the first time since he took office. in a joint poll by abc news and "the washington post" last week, obama's public approval rating stood at 46%. this is down more than 20 percentage points from february, 2009, shortly after obama became president. on the economy nearly 70% said he is making it worse or having no real effect. nearly 60% said they disapproved of his handling of the federal budget deficit. when asked about the mid term legislative elections in november, respondents gave republican candidates a more than ten-point lead over the democrats. >>> an alleged car bombing has left 16 people dead and more than 50 wounded in northwestern pakistan. the attack targeted police residences. the blast went off in the town of kohot tuesday night and destroyed more than ten buildings. officials say the victims include six police officers and their family members. pakistani authorities suspect islamic extremists were behind the attack using a car loaded wit
Sep 15, 2010 7:00pm PDT
>>> hello there. it's thursday september 16th, 11:00 a.m. in tokyo. welcome to this edition of "newsline." >>> israeli and palestinian negotiators will continue working toward resolving a dispute over the building of new jewish settlements. israeli prime minister benjamin netanyahu and palestinian president mahmoud abbas held talks in jerusalem on wednesday after a meeting in egypt on tuesday. the talks were mediated by u.s. secretary of state hillary clinton. the major point of contention is the construction of jewish settlements in israeli occupied territories. israel says it will not extend a freeze on building settlements and will resume construction later this month. but the palestinian side insists that it will walk out of the talks if construction is resumed. after the talks u.s. special envoy george mitchell said the two leaders discussed the issue frankly but that no deal has yet been reached. last-minute negotiations will continue among high-ranking officials next week as israel's settlement activities are expected to resume late this month. >>> former pakistani presi
Sep 7, 2010 5:00pm PDT
>>> hello there. welcome to "newsline." it's wednesday, september 8st, 8:00 a.m. in tokyo. i'm catherine kobayashi with your updates. >>> the japan coast guard has arrested the captain of a chinese fishing boat on suspicion of attempting to obstruct an inspection i japanese territorial waters. the 41-year-old chinese captain was arrested early on wednesday morning after his trawler collided with a japanese patrol ship off the senkaku islands off the east china sea tuesday. coast guard officials say the trawler was operating in japanese waters. they also say the fishing boat ignored a warning to stop and collided with the two patrol ships as it fled. the fishing boat eventually stopped outside japanese waters and coast guard officials boarded the trawler to question its crew. the officialsoncluded that the captain intentionally rammed his boat into e of the patrol ships to obstruct the inspection. chinese fishing boats are frequently seen in japan's exclusive economic zone near the islands, and the coast guard repeatedly calls on them to halt operations. the senkaku islands are
Sep 2, 2010 7:00pm PDT
, 11:00 a.m. in tokyo. i'm catherine tokobayashi. we first go to ines matsuyama, who has the latest in business news. ines? >> thanks, catherine. hello. >>> in japan's manufacturing sector capital spending fell over 10% from april through june compared with a year ago. the finance ministry surveyed more than 23,000 firms with capital of at least $120,000. the survey shows that investment on plant and equipment cross all industries except for finance and insurance fell by 1.7%. looking in detail, the manufacturing sector plunged 10.5%, while non-manufacturers saw a rise of 3.4%. looking at earnings, the survey shows that sales and profit in both manufacturing and non-manufacturing sectors rose. the drop in capital spending for makers stands as a cautious stance at business prospects. >>> tokyo stocks extended their gains friday morning following a rise in new york. the nikkei ended the morning session at 9,097 points, up 0.4%, or 35 ticks almost. investors took their cue from a slightly weaker yen against the dollar and euro. the up side was capped as many players sidelined ahead of
Sep 16, 2010 7:00pm PDT
>>> it's friday september 17th, 11:00 a.m. in tokyo. welcome to this edition of "newsline." >>> prime minister naoto kan will launch his new cabinet on friday following his re-election as the democratic party leader. kan will appoint ak heero o'hata as the economy trade and minister. he's a seven-term lower house member of the ruling democratic party with a strong support base among labor unions. kan is planning to name the democratic party's policy chief koichiro gemba as national strategy minister. gemba now serves as cabinet minister in charge of reforming the public servants' system. kan is also considering appointing land and transport minister seiji maehara to the post of foreign minister. the current foreign minister, katsuya okada, has accepted kan's request for him to become the democratic party's secretary-gener secretary-general. chief cabinet secretary yoshio sengoku and finance minister yoshihiko noda are expected to retain their posts. in the new party executive line-up kan asked former party secretary-general ichiro ozawa and the party's upper house leader,
Sep 6, 2010 7:00pm PDT
, 11:00 a.m. in tokyo. >>> the international atomic energy agency said iran stepped up its uranium enrichment activities. on monday, the watchdog organization urged them to cooperate with inspections. the iae said iran enriched uranium by the end of august. the amount quadrupled from april, showing iran expanded it its enrichment program even after the u.n. imposed more sanctions in june. they expect iran of trying to develop nuclear weapons. it's called on the country to allow inspectors to view all nuclear facilities and interview relevant officials. iran's nuclear program will be discussed at an iae board meeting september thenth. the latest revelation is expected to lead to increased pressure on iran to stop its uranium enrichment activities. >>> with the u.s. midterm elections less than two months away campaigns started in earnest on labor day, monday. president barack obama was in the midwestern state of wisconsin to rally support for democratic party candidates running in the november congressional elections. all house of representatives seats and a third of the senate seats
Sep 20, 2010 7:00pm PDT
, september 21st, 11:00 a.m. in tokyo. >>> u.s. vice president joe biden said japan is central to u.s. efforts to improve relations with china. his comment came amid growing tension between china and japan amid the arrest of a chinese trawler captain. >> i would argue strongly there is an emerging relationship that has to be -- we have to get right between the united states and china. but quite frankly, i don't know how that relationship can be made right other than going through tokyo. >> biden also said japanese cooperation was vital in dealing with north korea. >> there is no possibility of us getting a policy correct and being successful in the korean peninsula without japan. >> the riff between china and japan is growing over the arrest of a chinese fishing captain we mentioned just now. for allegedly colliding with japan coast guard ships. the incident has caused a backlash against japan in china. >>> china postponed its invitation to a japanese youth delegation that was to start a four-day tour of shanghai on tuesday. o 1,000 japanese youngsters were scheduled to vice president
Sep 23, 2010 7:00pm PDT
tokyo. i'm catherine kobayashi. >>> japanese prime minister naoto kan and u.s. president barack obama held talks in new york on thursday. this was their second meeting since kan assumed office in june and was aimed at deepening the japan-u.s. alliance. kan was expected to explain his plan to steadily move forward with the relocation of the u.s. futenma air station in okinawa based on the bilateral agreement reached in may. he is also likely to have asked obama to help reduce the burden on the people of okinawa. the two leaders are also expected to have agreed to advance bilateral cooperation in wide-ranging areas, including the economy, security and development assistance. this year marks the 50th anniversary of the revision of the japan-u.s. security treaty. the two leaders are also likely to have exchanged views on the global economic situation. kan is believed to have explained to obama about the recent intervention by the japanese government in foreign exchange markets to stem the yen's rise. kan takes the view that rapid fluctuations of foreign currency rates are not favora
Sep 10, 2010 7:00pm PDT
>>> hello, welcome to "newsline." i'm hideshi hara in tokyo with the latest at this hour. the osaka district court found a bureau chief of the ministry not guilty in involvement in postal fraud. >> i have believed that i could get such good results. i'm so pleased at the judgment. >> 54-year-old former bureau chief murako was charged with forging a certificate to help a fictitious organization gain recognition as a group for the disabled. she consistently denied having any connection to the matter. the court cleared her of any wrong doing and dismissed the prosecutor's allegations. the prosecutors said that ministry officials acknowledged her involvement, but a number of them denied this. and joining us in the studio with some insight on this story is our reporter. so, the court sharply criticized the prosecutors for the way they did their investigations of this case. presumption of guilt, how did they proceed? >> actually it looked as if the prosecutor themselves were judging in court. here is the gist of the prosecutor's argument. a man who headed a fictitious organization wanted
Sep 6, 2010 5:00pm PDT
>>> hello there. welcome to "newsline." it's tuesday, september 7th, 8:00 a.m. in tokyo. i'm catherine kobayashi. ufj plans to invest in a chinese company to launch a full scale asset management business in china. sources say mitsubishi ufj trust and the hang high based swwg asset company agreed that the japanese bank will purchase 33% of the chinese company's shares for about $100 million. mitsubishi is negotiating details of the plan with china's financial authorities. the chinese company is mainly managing personal assets of about 1.5 billion. mitsubishi ufg trust says individual investment will increase as china's economy grows sharply. the japanese bank is also predicting strong interest from institutional investors in areas such as pension investments. restrictions on foreign investment in the asset management business are easing in china. mitsubishi ufg trust is the first bank to invest in an asset-management company in china. >>> infectiousisease experts are calling for antibiotics for the mdm-1 gene which is recent to most antibacterial drugs. the ndm-1 infection cas
Sep 8, 2010 5:00pm PDT
. in tokyo. i'm catherine kobayashi. >>> energy giant bp has concluded that the catastrophic gulf oil spill was caused by a linked series of mechanical and human failures involving multiple companies. its report has immediately been met by a backlash. the investigation was conducted by a team of bp and outside experts, and disclosed on wednesday. the report blames eight interlinked findings for the incident or accident including the poor quality of cement used to contain hydrocarbons at the sea bottom and the rig crew's delay in noticing irregular ates. outgoing bp representative tony hayward says a series of events led to the tragedy. he insisted transocean and others are responsible. transocean immediately issued a comment calling the report a self-serve attempt to conceal the real cause of the explosion that started the disaster. it said bp had made a series of cost-saving decisions that increased the risk of an accident. the accident in april in the gulf of mexico left 11 dead and started a huge oil spill that lasted over three months. >>> u.s. president barack obama has annou
Sep 28, 2010 5:00pm PDT
>>> hello. there welcome to "newsline" on wednesday, september 29th, 8:00 a.m. in tokyo. i'm catherine kobayashi. north korea's state-run media say kim jong-il's third son kim jong un has been named vice chairman of the korean worker's party. the announcement suggests kim jong un has officially been chosen as kim jong-il's successor. the wednesday morning report says the decision was made at the conference of the workers party in a general meeting of the central commission, the party's leadership body. no images have been made public so far. members of the party's central military commission lead the korean people's army. 19 people, including kim jong-il have been chosen as members of the commission. kim jong un who was earlier given the title of four star general has been named vice chairman of the central military commission, a new post. 30 years ago when kim jong-il first appeared in public as the successor to his father, he was also chosen as a member of the central military commission. jim jiang ill's younger sister kim kyong hui has been named a member of the politic bu
Sep 24, 2010 12:30am PDT
shocking conditions at the athletes' village in delhi. the foreign ministry in tokyo has confirmed that four japanese have been detained in china hund suspicion of violating the law regarding the protection of military facilities. the two countries are locked in a fight over the chinese fishing boat captain after a collision near a disputed island. joining me now from tokyo is our correspondent, roblin burk. rowland, how were the men detained? >> this incident has the potential to ratchet up the tension between japan and china. these four employees of a japanese construction company were in china to bid for a contract to dispose of chemical weapons that had been abandoned in china by japanese forces at the end of the second world war. according to state media in china, they were detained because they had entered a military facility without authorization and had illegally videotaped military targets. the company they work for says it is looking into the whereabouts of these men. the last communication they had from them was an e-mail that just said, "help us." >> have we had any reaction
Sep 1, 2010 5:00pm PDT
, septeer 2nd, 8:00 a.m. in tokyo. in washington, u.s. president barack obama has met israeli and palestinian leaders on the eve of direct peace talks. during a meeting on wednesday with israeli prime minister benjamin netanyahu, obama condemned wednesday's killings of four jewish settlers. >> united states will be unwavering in its support of israel's security. we will push back against these kinds of terrorist activities. >> oba said he would not allow extremists to derail the peace process through violence. in a separate talk with palestinian president mahmoud you abbas, obama praised him for condemning the incident. they will resume direct talks on thursday for the first time in 20 months. obama wants an agreement within 12 months. but difference its over on the construction of jewish settlements and other issues are likely to weigh heavily on the upcoming negotiations. >>> three scesse bombs have blasted a shia muslim procession in eastern pakistan, killing at least 20 people and wounding more than 150. the explosions occurred in la hor on wednesday night as thousands of mino
Sep 9, 2010 7:00pm PDT
uncertainties overseas. >>> tokyo stocks rose on friday morning as the dollar stn. the nikkei 225 ended the morning session at 9279, up 181 ticks or almost 2% higher. export related shares led the advance. u.s. and european markets gains overnight also helped boost market sentiment. in currencies better than expected u.s. jobs data are pushing the dollar higher against the yen on friday morning. it's currently at 84.23-27, while the euro is at 106.58-61. the market was largely unaffected by the failure of japan's incubator bank and here's a look at the latest long-term interest rates, the year on the benchmark ten-year japanese government bond. in other asian markets hong kong's hang seng opened 0.7% higher, currently up 0.5%. the blue chips is up .1% and so is the sse composite. >>> in china, auto sales rose for the first time in five months. the association of automobile manufacturers said car sales were up 16% from a year earlier. china's auto sales rose 55% in march but later the pace lost steam. observers say government subsidies pushed up sales of energy-efficient cars that were launc
Sep 24, 2010 7:00pm PDT
degrees for you in taipei. rather shanghai. 30 degrees in taipei. tokyo cooler, 22. and beijing, 23 for your high. let's move on to central america because we have a tropical storm talk about right now. this is tropical storm matthew, that will be this system here. it continues to move very, very close to making landfall in either nicaragua or honduras. it is hard to tell where the models right now, but nonetheless, it is going to bring very strong winds, heavy, heavy rains as well as, of course, high storm surges as well. so here is a look at the next 24 hours, 48 hours, rather, of rain, some places picking up over 200, maybe even 300 millimeters or more. so this really ups the risks of landslides, flash flooding, and the like. now, on to the rest of north america, very strong system across eastern canada here. that will also bring some cooler weather into the eastern united states. although it is dry right now and very warm for the east coast. i'll show you that in a second. interior portions of the u.s., really quiet right now, but as we head further to the west, you can see this are
Sep 28, 2010 7:00pm PDT
>>> hello there. it's wednesday september 29th, 11:00 a.m. in tokyo. i'm catherine kobayashi. welcome to this edition of "newslin "newsline." >>> the japanese government has stepped up a diplomatic offensive to explain its position on the impasse with china. tensions between the two countries have risen sharply since a collision of boats in the east china sea earlier this month. foreign minister seiji maehara said on tuesday that he instructed japan's missions abroad to explain the incident to their host nations and china's reaction. prime minister naoto kan said he plans to do the same when he attends the asia-europe meeting in brussels next week. >> japan last week released the captain of the chinese fishing boat that collided with japanese patrol vessels near japan's senkaku islands. china also claims the islands. however, relations have since shown little sign of improvement. chief cabinet secretary yoshito sengoku said on tuesday that the ball is now in china's court. but a chinese foreign ministry spokesperson said japan should first take concrete actions to mend ties.
Sep 3, 2010 7:00pm PDT
trends, >>> nine patients at a hospital in tokyo have died after exposure to a drug-resistant bacterium during treatment there. the university hospital announced that the patients died between october 2009 and august of this year after being infected with a bacteria. >> translator: i'm sorry, i should have consulted with a public agency earlier. >> the hospital told reporters on friday it detected the bacterium in 46 in-patients age 35 to 89 between august 2009 and last wednesday. 27 of the infected patients have died and nine of those deaths have been linked to the infection. the nine patients had weakened immune systems due to conditions include leukemia and kidney failure. it rarely infects healthy people but could be fatal to those with low immunity causing pneumonia and blood poisoning. the hospital is trying to determine the origin of the infection. >>> naval forces from south korea and the united states will start their second round of joint exercises off the korean peninsula next week and at the same time china is also planning a drill of its own in an apparent show of defiance.
Sep 22, 2010 4:30am EDT
overseas trading in tokyo, the nikkei dropped 35 points. but in tokyo, the hang seng was up 45. >>> markets got a boost from the fed's pledge to help the economy yesterday. after a one-day interest rate meeting, the fed kept rates unchanged. promising only, quote, additional accommodation to support the recovery. >>> initially, stocks and treasuries rallied, but the momentum quickly faded. meanwhile, the housing sector slid after reporting a jump in august construction boosted by volatile building of multi-family homes. >>> overseas, italian authorities seized more than $30 million from a vatican bank yesterday as part of a money laundering scheme by top church officials. the vatican said it was both perplexed and surprised by the investigation. >>> twitter's website was hacked yesterday causing pornographic web pages to pop up when some users moused over sites. >>> keep an eye on adobe systems today. shares of the softwaremaker plunged after low forecasts. >>> a couple staying at the golden beach hotel in england was kicked out after the second day of their prepaid three day s
Sep 29, 2010 7:00pm PDT
>>> hello there. it's thursday september 30th, 11:00 a.m. in tokyo. welcome to another edition of "newsline." >>> the united states and china have agreed to resume military ties, which had been cut off early this year when the u.s. decided to sell arms to taiwan. the u.s. defense department says the agreement was made at a meeting in beijing on wednesday, with deputy assistant secretary michael schiffer and chinese officials. the two countries agreed to expand dialogue and deepen military cooperation. they'll hold working-level talks in hawaii in mid october. a vice ministerial meeting -- or vice ministerial-level meeting is scheduled later this year in washington. the two sides had recently started to improve bilateral relations. u.s. president barack obama met chinese premier wen jiabao in new york last week. they confirmed the need to deepen economic and security ties. >>> a former deputy secretary-general of the main governing democratic party is now in china in a bid to repair the frayed ties between japan and china. relations soured after japanese authorities detained the ca
Sep 27, 2010 5:00pm PDT
>>> hello and welcome to "newsline," it's fuse, september 28th, 8:00 a.m. in tokyo, i'm therineobayhi with your update. >>> north korean leader, kim jong il, has named his third son, kim jong un, as a four-star general. the official korean central news agency made the announcement early on tuesday. the opening day of the conference. it marks the first time that the son's name has ever gone public. kim jong un is also expected to be given a high ranking party post to succeed his father. the announcement said the leader's younger sister, kim yung he has also been promoted to a four-star general. she's considered to be a caretaker for the transfer of power. >>> japanese prime minister naoto kan said he's thinking of attending the asian europe meeting in belgium next week. seeking support of european countries over the maritime collision in the senkaku islands. speaking to reporters, kan said asean leaders and be be many european countries will be at the meeting and he thinks japan should be represented. >>> kan would meet leaders through bilateral talks on the sidelines of
Sep 22, 2010 4:00pm EDT
inside. >>> paris hilton had business in asia but she never made it past the airport in tokyo. we'll hear what she said on her way out of the country. > and call it the name game for a write-in candidate. spelling is everything. what if your own campaign makes a mistake and misspells your name? >>> welcome back. it will only come to a few neighborhoods and it will come at a price with some severe thunderstorms. >> as you can see on the radar loop, it is coming with some lightning. the nature of these storms whi you can expect, these will be the kind of storm that fe very quickly across the area. they'll bring some brief heavy rain as well as some wind and lightning. i'll show you the locations that have gotten the wind and rain. >> here you go. watch it. there it goes. one person runnin the drive is still in the vehicle. we'll back out and see. we have this guy here. >> you're watching the dramatic end to a high-speed chase that took place in miami this morning. not only did it went a crash but one suspect was taken down with a stun gun. another was dragged out of the car by his heel
Sep 22, 2010 5:00am EDT
2 points and the nasdaq fell 6. overseas trading this morning, in tokyo, the nikkei dropped 35 points but in hong kong the hang seng was up 45. >>> markets got a brief boost from the fed's pledge to prop up the economy yesterday. but the central bank stopped short of saying exactly how and when it will step in. after a one-day interest rate meeting, the fed kept rates unchanged near zero. but failed to offer specifics on when it might roll out any fresh stimulus measures promising only additional accommodation to support the recovery. >>> initially stocks and treasuries rallied but the momentum quickly faded. meanwhile the housing sector slid after the government reported a jump in august home construction boosted mostly by the volatile building of mul multifamily homes. >>> oversea, italian authorities seized more than $30 million from a vatican bank account tuesday as part of an investigation into a possible money laundering scheme by top church officials. the vatican said it was "perplexed and surprised by the investigation." >>> twitter security team has apologized after it
Sep 22, 2010 4:00am EDT
this morning. tokyo's nikkei average fell 0.4%. in london, the ftse opened slightly lower. on wall street, the dow added seven points yesterday. meanwhile, the nasdaq slipped six points. >>> twitter says it has fixed a flaw that caused havoc on its site for hours on tuesday. hockers unleashed an attack that spammed followers with garbled messages and caused pop-up windows to open. twitter says it doesn't believe user information was compromised. >>> it seems apple can do no wrong. the company computers received the highest score on a customer satisfaction survey for seven years in a row. dell, hewlett-packard and acor tied for second place. >>> anheuser-busch is launching a new promotion to jump-start sales of budweiser. beginning monday, it will give the beer away for free, at trendy bars and restaurants. it's part of the company's biggest free sample company ever. all aimed at younger drinkers. bud sales are down sharply the past two years. free beer seems likes a good strategy. >>> coming up next on this wednesday, the bedbug summit. >>> plus, sex abuse allegations against the p
Sep 30, 2010 4:30am EDT
overseas trading this morning in tokyo, the nikkei fell 190 points while in tokyo the hang seng dropped 20. >>> the dollar could get another dip yesterday thanks to speculation from the fed. investors are convinced the federal reserve will poor more money backed away from the greenback sending the dollar to an eight-month low against the basket of other currencies. the price of gold was pushed to yet another fresh high, above $1300 an owns. energy stocks got a boost after dwindling inventories fueled a rise on the price of crude. in washington, lawmakers passed a bill that would allow the u.s. to tax imports from china in response to keeping its currency artificially low against the dollar. today, the chinese call the legislation a breach against world trading policy. >>> nearly one in every four homes sold in the second quarter was a foreclosed home. adding to the nation's foreclosure mess, jp morgan chase announced yesterday it would freeze foreclosures over paperwork flaws. experts warn it's a problem that could exist industrywide. >>> this morning's "wall street journal" reports mcdona
Sep 29, 2010 6:30pm EDT
, then treat them with the reverence and respect they've earned. ceila hatton in tokyo continues our series "reading, writing, and reform." >> reporter: first thing in the morning... japanese children bow to their teachers. it's a small gesture that says a lot. ♪ ♪ here, respect is not a song title. it's the backbone of japan's school system, which for decades what topped international rankings while spending the lowest amount on education among developed democracies. 3.3% of japan's gross domestic product, or g.d.p., goes towards schooling compared to 5% in the u.s. how do they do so much with so little? by investing in top-notch teachers. >> teachers are given a good deal of respect. they're expected to devote their life. the whole system is set up to emphasize the development of teachers. >> reporter: retirement comes at 60 for japanese educators with a salary of more than $62,000, compared to $53,000 in the u.s. but in return, teachers are tasked with transforming children into model citizens. if a student is caught shoplifting, forecast the child's teacher is usually alerted
Sep 15, 2010 2:30pm PDT
did counsel talks with tokyo over the area's boiling gas reserves. now, reports in the japanese media suggest that the bilateral summit at next week was the general assembly is also under threat. that is why there is a lot riding on the decision of japanese prosecutors. they have until sunday to release or charged the captain. in hong kong, supporters handed a letter a petition to japanese consulate stars. tokyo says the case is simply being processed according to the law, but there's a lot more riding on his case than most. >> the latest headlines for you this hour -- millions of people are suffering from hunger in niger where drought and flooding have destroyed crops. the american middle east envoy george mitchell is saying israeli and palestinian leaders have tapped the issues that lie at the heart of their conflict on a second day of direct talks. violence has spread to new areas of indian kashmir as the government in delaware he holds urgent talks. at least five protesters were shot dead -- the government in delhi falls urgent talks. >> another day of violence in india. protester
Sep 15, 2010 6:00pm EDT
vessel johnson, but the damage has already spread beyond the boat, staging council talks with tokyo over the area's oil and gas resource, which were set for last week, and now reports that the media suggested the summit for the united nations general assembly is also under threat. that is why there is a lot riding on the decision of japanese prosecutors. they have until sunday to release or charge their fishing boat captain. in hong kong, supporters handed a letter a petition to japanese consulate staff. tokyo says the case is simply being processed according to the law, but there's a lot more riding on this case than most. >> just a reminder of the latest headlines this hour -- millions of people are suffering from hunger in niger. drought and flooding destroyed crops there. and the american middle east on boy george mitchell says israeli and palestinian leaders are tackling the issues that lie at the heart of their conflict. on the second day of direct talks. violence has spread to new areas of indian kashmir as the government in delhi holds new top spirit at least five protesters
Sep 30, 2010 4:00am PDT
trading this morning in tokyo, the nikkei sank 190 points while in tokyo the hang seng dropped 20. >>> aig and the government have reached a billion dollar deal. the associated press reported aig has reached a deal to repay the government billions of dollars in assistance it received during the credit crisis. the u.s. treasury will swap debt it currently holds in aig for common stock and sell those shares over time. >>> investors convinced the federal reserve be poir money back away from the greenbacks sending the dollar to an eight-month low against a basket of other currencies. instead traders bought up so-called safe bets pushing the price of gold to yet an all-time high of $1300 an ounce. energy stocks got a boost after dwindling inventories fueled a rise on the price of crude. >>> meanwhile, in washington, house lawmakers advanced a bill that would allow the u.s. to tax goods exported from china. in response to that country's recent decision to keep the currency artificially low against the dollar. today chinese officials call the legislation a breach against world trade orga
Sep 1, 2010 5:00pm EDT
can be. scott freeman has details. >> and american airlines flight from tokyo has just landed at dfw airport. this small white tag on his backpack has been tracking his moves. when he boarded the plane in tokyo, he volunteered to help american airlines with the test designed to make travel easier and faster. >> i think it is a school system. sometimes there is some trouble with late baggage and sometimes they lose luggage. >> lost baggage, late baggage, and long lines are some of the biggest frustrations. so american is using technology to figure out exactly where problems happen. >> where did the passenger gets slowed? was there of line? were there a number of bags waiting in one area to get through? >> that is where the white tags come in. they have tiny antenna inside. it is the same technology in the electronic toll tags we use on the highway. the airlines put them in carry- on bags to see how long it takes people to clear immigration and customs and how long it takes their checked bags to arrive. as the bags move from the plains to the terminal, this electronic reader picks up a
Sep 5, 2010 8:00am EDT
japanese surrendered at tokyo bay, formally ending world war ii. but one man on that day captured something on film seen by few people until now. >> it was my father's film so it was in his basement until he passed away. >> reporter: bill cosco's father is buried at arlington national cemetery. when george cosco died in 1985 he left behind momentos for his time as a meteorologist and navigator in the navy. >> this is an al bum my dad -- an al bum my dad put together of photographs from the uss missouri. >> including what could be the only color film at the bay himself. >> he had access to the color film just left in the locker and nobody was using it at the time. >> reporter: after his father died the family sent the film to the naval historical center here in washington, d.c. but with the 65th anniversary of the surrender approaching, bill cosco decided it was time for the world to see what his father had filmed. >> what we're doing today is hopefully color correcting and restoring this print. >> reporter: a company in dulles donated time to piece the film back together. >> we ha
Sep 16, 2010 4:00am EDT
nasdaq 11. yesterday in tokyo, the nikkei fell 7 points, while in hong ko the hang seng lost 34. >>> investors, look on the bright side of mixed economic data for the proof that predicting wre the market is heading these days is a tricky business. traders set aside weak manufacturing data out of new york state,ocusing instead on a second straight month of growth in u.s. industrial production. this afternoon, investors will have an eye on earnings with records due out from oracle and research i motion. overseas, japanese officials did not step in to keep its currency trading lower for a second day. the bank of japan's surprise intervention wednesday drove the yen sharply lower and the u.s. dollar more than 3% higher. here in the u.s., the se sector was dealt a blow by a downgrade to chipmaker mi cron technology. micron shareshed 4.5%. meefrt while, mastercard shares shotp 5% after the company predicted 20% rise in income fo2010. elsewhere, a healthy earnings outlook from kraft foodspushed s shares to a new high for the year. >>> the world trade organization is condemning the u.s.
Sep 27, 2010 4:00am EDT
rose 10 points and the nasdaq added 54. in tokyo the nikkei rose 130 points while in hong kong the hang seng jumped to 121. >>> the dow on ack for its best september since 1954. the big question will this month's surge continue for a fourth straight week. the answer lies which way the economic data swings. 'll get an update on consumer confidence and spending and a fresh look at home pces. auto data seams for september is also due and should be a little higher this month. coming up on thursday, wall street will get another reading on just how ch the economy grew in the sond quarter with another look at gross domestic pruct. >>> treasury secretary tim geithner will be meeting for the first time this week. the goal will be to find ways for fiscal responsibility and financial reform. >>> hyundai has issued a voluntary recall of40,000 sedan over potential steering issues. >>> asian license insuranc will rn a profit of at least $30 billion this fiscal year. ai gi is spir aig is spinning off its balance to help with the bail out. >>> a deal could cse as early as today. >>> and finally, a
Sep 15, 2010 4:00am EDT
look at overseas trading this morning, in tokyo, the nikkei add 217 oints. the hang seng gained 29. >>> stocks gave up their gains just before the closing bell yesterday as skittish investors worried about the health of the global enomy. fresh reports of waning confidence among german investors coupled with stalled industrial production in some european countries weighed on investors' minds. that made so-called safe betts like gold a hot commodity. the precious metalraded at a record high above $1,276 an ounce. >>> overseas, japanese officials stepped in to stabilize the country's volatile currency for the first time in six years to help keep its export-driven economy in effect. far, the move has pushed the ye sharply lower and stocks sharply higher. >>> back on wall street yesterday, news that retail sales picked up at thr fastest pace in six months buoyed stocks for the rest of the day. massey's added 3% while jcpenney added 7%. meanwhile, best buy raised its full year forecast and blew past earnings estimates thanks to strong mobile phone sales. >>> good news for owners of cisco
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